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VIBHOR STEEL TUBES LTD. Plunges 6%; BSE METAL Index Up 0.8%
Thu, 14 Nov 9:27

VIBHOR STEEL TUBES LTD. Plunges 6%; BSE METAL Index Up 0.8%Image source: Ivcandy/www.istockphoto.com

VIBHOR STEEL TUBES LTD. share price has plunged 6% and is presently trading at Rs 223.0.

Meanwhile, the BSE METAL index is at 29,688.7 (up 0.8%).

Among the top losers in the BSE METAL index today is Vedanta (down 0.1%).

Hindustan Zinc (up 1.4%) and SAIL (up 1.3%) are among the top gainers today.

Over the last one year, VIBHOR STEEL TUBES LTD. has moved up from Rs 0.0 to Rs 223.0, registering a gain of Rs 223.0 .

On the other hand, the BSE METAL index has moved up from 23,253.3 to 29,688.7, registering a gain of 27.7% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 77.2%), Hindustan Zinc (up 61.8%) and Jindal Steel (up 36.0%).

For Investors: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 77,793.0 (up 0.1%).

The top gainers among the BSE Sensex today are HCl Tech. (up 0.9%) and Sun Pharma (up 0.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,615.1 (up 0.2%). Eicher Motor and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,259.5 to 77,793.0, registering a gain of 12,533.6 points (up 19.2%).

VIBHOR STEEL TUBES LTD. Financial Update...

VIBHOR STEEL TUBES LTD. net profit fell {profitpercent} YoY to Rs 30 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 2,247 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, VIBHOR STEEL TUBES LTD. reported 15.9% decrease in net profit to Rs 177 million compared to net profit of Rs 211 million during FY23. Revenue of the company fell 3.6% to Rs 10,727 million during FY24.


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